Job Information
Medtronic Principal Market & Competitive Intelligence Specialist in North Haven, Connecticut
Principal Market & Competitive Intelligence Specialist - Surgical
If you are looking to expand business impact by leading high-visibility projects, leveraging partnering skills, and increasing influencing capabilities, come join our Surgical Strategy team!
The Principal, Market & Competitive Intelligence role provides key support related market and competitive insights and is a key contributor to enable decision making across Surgical, the largest Operating Unit in Medtronic driving nearly $6B of annual revenue.
This role is at the forefront of informing the organization of key dynamics and trends (competitive, market, environmental, etc.) to inform and enable critical decisions across the organization
Drive cross-functional processes to develop robust market & revenue model projections for Surgical through extensive collaboration globally and cross-functionally
Align on macro, technology, procedural, and competitive trends and how our markets are influenced as a result
Incorporate internal and external market research as needed and play a key role in partnering with the business/regions to conduct market studies
Manage and improve upon tools and dashboards where over 500 users leverage the data to support their work
Support competitive monitoring programs driving insights as it relates to traditional and emerging competitors around the world and communicating timely on key impacts to the Global Surgical business.
Partner with key business stakeholders to guide and assist them in thinking through strategic scenarios across market and environmental trends through a series of forums (e.g. strategic projects, War Games, 3rd party engagements, etc.)
Location: The preference is to have an employee on-site in North Haven, CT – 3 days per week in office (no relocation), but we can also consider candidates to work remotely from the U.S.
Careers that Change Lives
Join a diverse team of innovators who bring their worldview, their unique backgrounds, and their individual life experiences to work every day. It’s no accident — we work hard to cultivate a workforce that reflects our patients and partners. We believe it’s the only way to drive healthcare forward and remain a global leader in medical technology and solutions.
A Day in the Life
Responsibilities may include the following and other duties may be assigned.
Ability to perform in depth data analyses while deriving meaningful insights across market and competitive data.
Strong project management skills including stakeholder management, effective communication, and driving for results
Conduct environmental scans, organizational positioning analyses and other studies. Coordinates input from all major business units/regions to facilitate the integration of individual business unit plans with the Surgical plan.
Communicate effectively with business partners to provide timely insights of relative market and competitive dynamics and align on collaborative business point of view.
Participate in various war gaming/ scenario planning projects across markets to define strategic maneuvers and opportunities to win against our competitors.
Utilize primary and secondary market research in support of Surgical Innovations’ market objectives.
Develops long-range objectives and strategic plans for corporation or major division by identifying internal and external strategic issues that could affect growth and profitability.
Scans environment for business opportunities, maintains surveillance over market, and may perform financial analysis of acquisition candidates.
Develops and monitors profitability, productivity, and growth targets.
Must Have: Minimum Requirements
- Bachelors degree with 7+ years of experience in Strategy, Finance, Medical Device, or other applicable cross-functional jobs
OR
- An advanced degree with 5+ years of experience in Strategy, Finance, Medical Device, or other applicable cross-functional jobs
Nice to Have
Experience in medical devices and/or healthcare industry.
Experience in a high performing consulting, strategic planning, or finance environment, demanding a sophisticated approach to understanding strategic needs, financial/market models, competitive trends and business impact.
Hands-on proficiency with Excel macros, and the potential to use advanced decision support analytical tools (e.g., decision analysis software, Power BI, etc.).
Strategic agility, structured thinking, and intellectual curiosity.
Ability to deal with ambiguity and translate complex concepts into actionable insights.
Collaborative approach, familiarity with matrix organizations and how to successfully work cross-functionally.
Knowledgeable regarding the array of primary research methodologies and can design, implement and analyze results efficiently.Knowledgeable regarding available secondary market research and can utilize these to provide analyses of the market, referrers, payers and competitors, etc.
Characteristics include the following: self-starter who takes initiative, interpersonal capabilities that lend themselves to working collaboratively toward productive ends, ideally some demonstrated and meaningful project management and, or product development skills, understanding of finance and valuation analytics, motivator for others, ability to interface with senior executives (including ability to define and structure problems), poise.
About Medtronic
Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology, therapies and services can do to help alleviate pain, restore health and extend life. We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be.
We want to accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Let’s work together to address universal healthcare needs and improve patients’ lives. Help us shape the future.
Physical Job Requirements
The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager, recruiter or local HR to understand the Work Conditions and Physical requirements that may be specific to each role. (ADA-United States of America)
Compensation
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage. Learn more about our benefits here (https://www3.benefitsolver.com/benefits/BenefitSolverView?page_name=signon&co_num=30601&co_affid=medtronic) .
This position is eligible for a short-term incentive plan. Learn more about Medtronic Incentive Plan (MIP) on page 6 here .
The provided base salary range is used nationally (except in certain CA locations). The rate offered is compliant with federal/local regulations and may vary by experience, certification/education, market conditions, location, etc.
Min Salary
125600
Max Salary
188400
It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.